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Cost of Living in Detroit Lakes, MN

2025 Affordability Data & Housing Costs

98.5

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$246,200

Owner-occupied homes (2023 ACS)

Median Household Income

$62,123

Annual (2023 ACS)

Housing Costs

The median home value in Detroit Lakes is $246,200, which is close to the national average. The home price-to-income ratio is 4.0, indicating strong affordability.

Income & Purchasing Power

The median household income in Detroit Lakes is $62,123 annually.

Compare with Other Cities

View all cities in Minnesota

Frequently Asked Questions

What is the cost of living index in Detroit Lakes, MN?

The COL index is 98.5, which is lower than the US average of 100.

What is the median home value in Detroit Lakes?

The median home value is $246,200.

What is the median rent in Detroit Lakes?

Data not available.

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